Tag: XRP

XRP up 3.2 percent. Thailand’s oldest bank, Siam Commercial Bank (SCB), to pioneer Ripple’s Multi-hop. Siam Commercial Bank (SCB) will pioneer Ripple’s Multi-hop feature, although the public will wait for further announcement on whether the bank will utilize XRP in their future transactions. Meanwhile, XRP is ranging, adding 3.2 percent from May 23rd close. Ripple Price Analysis Fundamentals For any cryptocurrency project to be successful, it must partner with companies, finding use cases in the process. That is what many have disclosed in their white papers, and Ripple is no…

Ripple price declined recently below the $0.3840 and $0.3750 support levels against the US dollar. The price tested the $0.3610 support area and it is currently correcting higher towards $0.3840. There is a key bearish trend line forming with resistance near the $0.3840 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could resume its decline if it continues to struggle near $0.3840 and $0.3875. Ripple price is currently under pressure against the US Dollar and bitcoin. XRP remains at a risk of more…

Ripple (XRP) sinks 4.1 percent Collaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternative The casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. At spot rates, Ripple (XRP) is back to consolidation as bears flirt with our immediate support at 34 cents. Ripple Price Analysis Fundamentals That Ripple goal is to see speed, efficiency, and a system that benefits the unbanked is true. To that end, they are developing a solution that is…

Ripple price struggled to break the $0.4080 and $0.4085 resistance levels against the US dollar. The price declined recently and traded below the $0.4000, $0.3950 and $0.3840 support levels. This week’s followed bullish trend line was breached with support near $0.3960 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now trading near a major support area close to the $0.3650 and $0.3620 levels. Ripple price moved lower within a range against the US Dollar and bitcoin. XRP is currently holding the key $0.3620…

Ripple price found a strong support near the $0.3800 level and recently moved higher against the US dollar. The price is now placed above the $0.3950 and $0.4000 levels and it could continue higher. Yesterday’s highlighted major bullish trend line is intact with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains well supported and it could continue to rise above the $0.4100 resistance area. Ripple price is trading in a bullish zone against the US Dollar, while consolidating vs bitcoin.…

Ripple (XRP) ranging but the uptrend is firm XRP classification will either trigger a rally or a large-scale dump Like most liquid assets, Ripple (XRP) is consolidating, trading inside May 14th and 15th high low in a bullish breakout pattern. All the same, bulls are in pole position. As fundamentals and candlestick arrangement diverge, it is only a matter of time before prices breach 50 cents as buyers aim at 60 cents. Ripple Price Analysis Fundamentals At 39 cents, Ripple (XRP) market dominance is 6.75 percent, trailing Bitcoin and Ethereum…

Ripple price failed to break the $0.4300 resistance and recently corrected lower against the US dollar. The price declined below the $0.4000 support and tested the $0.3800 support area. There is a key bullish trend line forming with support near $0.3850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to trade in a range above the $0.3610 support area before a fresh increase. Ripple price is currently consolidating above key supports against the US Dollar, but declining vs bitcoin. XRP must stay…

Ripple (XRP) up 27.3 percent Brad Garlinghouse says Ripple ready to work with banks and regulators In an interview with Recode Decode podcast, Brad Garlinghouse once again reiterated their will of working with regulators and not against them. Meanwhile, prices are stable with XRP trading below Q1 2019 lows. Fundamentals By design, Ripple Inc solutions are meant to meet the demands of Banks and financial institutions. That is a goal Brad Garlinghouse is working towards achieving. Although there are regulatory challenges, especially on the interpretation of whether Ripple (XRP) is…

Ripple (XRP) up 27.3 percent Brad Garlinghouse says Ripple ready to work with banks and regulators In an interview with Recode Decode podcast, Brad Garlinghouse once again reiterated their will of working with regulators and not against them. Meanwhile, prices are stable with XRP trading below Q1 2019 lows. Fundamentals By design, Ripple Inc solutions are meant to meet the demands of Banks and financial institutions. That is a goal Brad Garlinghouse is working towards achieving. Although there are regulatory challenges, especially on the interpretation of whether Ripple (XRP) is…

Ripple price formed support near the $0.3610 level and recently recovered against the US dollar. The price traded towards $0.4300 and it is currently correcting lower towards $0.3900. There is a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to bounce back above $0.4100 or could decline sharply towards the $0.3610 support. Ripple price seems to be following a decent bullish path against the US Dollar, but struggling vs bitcoin. XRP is likely…

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